Ounce Gold's Upward Streak Broken

XAUUSD - Gold Technical Analysis

Ounce Gold, which lost about 1 percent yesterday after the US CPI data was announced, ended its nine-day record rise. Despite the unchanged expectations of the FED's interest rate cut, the precious metal, which faced selling pressure yesterday, is following a buying course this morning. Technically, if the upward movements continue, 2168 and 2177 dollars can be monitored as resistance levels. In case of possible withdrawals, 2154 and 2145 can be followed as support levels.

Resistances: 2168 / 2177 / 2186
Supports: 2154 / 2145 / 2134
 

XAGUSD Technical Analysis

A positive trend is observed in silver in the morning hours. If upward movements continue, 24.22 and 24.37 can be followed as important resistance levels. In downward movements, 24.04 and 23.93 can be followed as important support levels. If the 23.93 level is crossed downwards, 23.86 can be targeted as another important support level.

Resistances: 24.22 / 24.37 / 24.48
Supports: 24.04 / 23.93 / 23.86
 

EUR/USD Technical Analysis

Although the EURUSD, which was pressured at 1.0980 and reached below 1.0930, retreated, it remains positive above the 9 and 22-day exponential moving averages that we follow as reference indicators. In case of a new positive acceleration in EURUSD, there may be a movement towards the 1.0930 level first, and if it passes above 1.0950 and 1.0980 levels. Otherwise, there may be a retreat towards 1.0910, 1.0885 and 1.0875 levels in possible reversals.

Resistances: 1.0930 / 1.0950 / 1.0980
Supports: 1.0910 / 1.0885 / 1.0875
 

NAS100 Technical Analysis

The contract, which remains above the 18140 level as of the last closing, continues to be positively priced above the trend with the 13 and 33-day exponential moving average, which we follow as reference indicators. In order for the upward momentum in the contract to continue from where it left off, persistence above the 18140 level can be sought. In this case, there may be movement towards 18375, 18590 and 18850 levels. Otherwise, in the retracements to be experienced in the contract, there may be a retracement towards 18140 in the first place and 17800 and 17600 levels if it passes below it. Even if there is a pullback, the general positive outlook may continue as long as the main trend remains above.

Resistances: 18375 / 18590 / 18850
Supports: 18140 / 17800 / 17600
 

UKOIL Technical Analysis

Technically, UKOIL, which continues to move in a horizontal band range, has a buying trend in the morning hours. If upward movements continue during the day, 82.75 and 83.00 can be seen as resistance levels. In downward movements, 82.10 and 81.85, where the 200-day exponential average is located, can be targeted as support levels.

Resistances: 82.75 / 83.00 / 83.40
Supports: 82.10 / 81.85 / 81.50
 

Wheat Technical Analysis

A positive trend is observed in wheat in the morning hours. 550.60, where the 10-day exponential moving average is located, can be followed as a critical threshold. If 550.60 is crossed upwards, 555.50 and 560.80 can be followed as important resistance levels. In case of downward movements, 546.50 and 541.10 can be followed as important support levels.

Resistances: 555.50 / 560.75 / 564.50
Supports: 546.50 / 541.00 / 537.00